Ashley Mierez
Why don't agents and investors like wholesalers??
26 November 2024 | 25 replies
Question - if you’ve contracted for a property you intend to “wholesale” - i.e. flip the contract - and that doesn’t pan out, do you exercise a clause enabling you to exit the deal, or do you close it in your name?
James Kerson
Tell Me Why My Discount Brokerage Idea Is Bad: Calling All Agents
10 December 2024 | 100 replies
Of course a la carte, tech-enabled DIY transaction management services exist, and have existed for a while.
Nick Baxter
Real estate wholesaling technology - dream stack vs essentials?
20 November 2024 | 0 replies
I have a background in technology and real estate (I was a previous VC-backed technology company founder), so I am very tech-friendly, and I like to adopt solutions that streamline workflow/enable best practices.
Ruben VanDusen
Just joined the BP community
19 November 2024 | 3 replies
I didn't see a forum for introductions so here's one, for us by us; (Not Sponsored by F.U.B.U)😂 Hey there I'm Ruben, I LOVE what I do every single day; I help Enable people to do what they're Inspired to do and live a more inspiring life.
Omari Brown
Direct Mail In-house vs Outsourcing?
25 November 2024 | 23 replies
I found out that the source list (database) has several missing names, addresses and other infos.
Julio Gonzalez
Real Estate Professional Status
19 November 2024 | 0 replies
Section 469(c)(7) provides an exception that allows qualifying taxpayers to treat rental real estate activities as nonpassive, enabling them to deduct losses against other types of income.
Drew Sygit
Camera Options for LTR Vacant Monitoring
18 November 2024 | 1 reply
You're going to want a cell-enabled trail cam type of setup; don't know what carriers have them these days but we had one that gave motion alerts and hooked up to US Cellular.
Paul Novak
Property Management Software
18 November 2024 | 4 replies
It enables me to market properties effectively while also managing application screenings, processing monthly payments, and accepting maintenance work orders.
Nicholas Cavato
FHA vs Conventional with LLC involved
23 November 2024 | 15 replies
There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.
Eugene Lubman
Selling to a family member (or transferring to a trust?)
19 November 2024 | 5 replies
@Eugene Lubman Selling the property to your parents allows them to generate passive income while enabling you to perform a 1031 exchange to defer capital gains taxes.